$POL
Exciting news!
Polygon founder Sandeep Nailwal personally steps in, and this move has stunned everyone! As the largest holder of POL, he officially announces his appointment as CEO of the Polygon Foundation, intending to carry out a "major surgery" on the ecosystem.
This change is crucial. Sandeep stated that starting next year, Polygon will gradually phase out zkEVM. It’s important to note that zkEVM has always been a key technology developed by Polygon, aimed at reducing transaction costs with zero-knowledge proofs and providing seamless integration with the Ethereum ecosystem. Now, with this sudden shift, many are pondering the deeper implications.
Next, Polygon will focus its efforts on Polygon PoS and AggLayer. Polygon PoS, commonly referred to as the Matic chain, is already an important component of Polygon, and now it will concentrate on stablecoin payments and RWA (real-world asset on-chain). It’s known that stablecoin payments are key to the everyday use of cryptocurrency, and RWA is currently a hot direction in the industry, with traditional financial institutions like JPMorgan trying their hand at it.
Another highlight is AggLayer. This can be considered the core of Polygon 2.0; it acts as a super connector, uniting the fragmented blockchain world to enable atomic cross-chain transactions. Its use of a "pessimistic proof" mechanism is quite interesting; it first assumes that all connected chains are insecure and then uses zero-knowledge proofs to back it up, ensuring that cross-chain operations don’t go awry. As a result, not only can liquidity be shared, but cross-chain transactions no longer have to wait several days like before, directly boosting efficiency.
With Sandeep personally at the helm and a major strategic adjustment, will he lead Polygon to break through the encirclement, or will new challenges arise? Players in the crypto circle are watching closely! After all, in such a fiercely competitive blockchain arena, every decision could impact the fate of the entire ecosystem.
